overall market sentiment dictates money flow (inward vs outward)
positive market sentiment increases availability of investment capital
posiotive market sentiment increases investor risk appetite for speculative stocks
in bull markets (as is indicated by indexes) stocks have a higher chance of going up, than down
this is relevant for WeeBit Nano because WBT is a listed stock that is also part of the wider ASX market, which is also in an upward trajectory
here is a pic of the ASX for reference
hope that helps
overall market sentiment dictates money flow (inward vs...
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Last
$2.93 |
Change
-0.020(0.68%) |
Mkt cap ! $552.6M | |||
| Open | High | Low | Value | Volume |
| $2.94 | $3.00 | $2.91 | $1.973M | 669.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13000 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 6031 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$2.94 |
Change
-0.020 ( 0.44 %) |
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| Open | High | Low | Volume | ||
| $2.96 | $3.00 | $2.91 | 134330 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| WBT (ASX) Chart |